In today’s working society, remuneration such as pay raise, bonuses, incentives and other monetary benefits given are motivating factors that are presented and given to employees when they meet certain kind of standards set by the companies. It has been recognized and put into effect by a lot of private companies and government organization in the world and is regarded as a main motivation factor in the working environment today. ‘It is seen widely as a platform to increase employees’ individual performance as well as company’s productivity and earnings’ (Frey, B. 2002, pg.57). This essay will argue and address how remuneration is not the only main factor that motivates the employee. It will include renowned theories that explain what kinds …show more content…
These factors are often overlooked by managers but are useful in order to motivate the employees in the company. Hertzberg (2003, p.87) stated that people are motivated instead, by interesting work, challenges and increased responsibility at work. In addition, Hertzberg (1974) motivation-hygiene theory concludes that employees satisfaction at work are made up of several different motivation methods that includes achievement at work, giving recognition for employee who did well for the company, giving interesting job scope apart from the usual one, assigning increased complex work with heavy responsibility to them, sending them to extra courses and workshops that can help them to grow and also job advancement if employees have been performing well. Furthermore, Golnaz and Clarke (2011) states that Maslow theories on hierarchy of needs help organization develop programs to motivate employees retain employee loyalty and ultimately increasing productivity and net income. The five human are physiological, safety, love/belonging, esteem and self-actualization. Once the employee’s needs are satisfied, they will feel a lot more motivated at work. Therefore, managers are able to use the Maslow hierarchy and the Herzberg theory on hygiene factors to know more about what motivates the employee apart from the monetary rewards that are …show more content…
It allows managers to know what employees need in order for them to fulfill their needs and also what they really want that will gradually help them to be more motivated. The above sources as well as case studies shows that there are indeed problems that affects the performance of the employees as well as the company if remuneration is the only motivational factor that a company decides to adopt and execute. Employees often find themselves less motivated and less productive when remuneration is the only motivating factor that the company provides. It also allows managers to know that there are different kinds of motivational factors apart from remuneration. Personal engagements, interpersonal relationship, praising employees are some of the ways that contributes to the employee’s motivational level. Managers can incorporate the factors listed above to further improve the company productivity and revenue. To summarize, it is important to note that remuneration is definitely not the only motivational method that employees are attracted to. It is also not the only real motivator is today’s
Thomas Gordon October 14, 2015 Human Resource Management HCS/341 Your Learning Team is the Human Resource Management Team B Community Hospital Virtual Organization. The new chief executive officer of your hospital has asked your team to prepare a presentation about human resources at the hospital Describe performance appraisal standards for your hospital. Dependability Job Knowledge Productivity Participation and Teamwork Dependability Attendance in accordance with unit attendance policies
The physiological needs, job safety and security, and the need to belong are not satisfactorily being met (Newstrom, 2007). Should money be the most important factor for motivational behavior; the company needs to understand the needs of their employees. Then, the rationalization of motivation will concur with the beliefs of the employees. The incentive scheme should be re-evaluated to introduce a new program of motivation. The company should implement a goal-setting objective.
Executive Summary As the human resource (HR) manager of Timbacourt, this document will provide directions on recruitment, selections and training of team for the new store. Timbacourt requires a systematic approach to recruitment that takes into consideration organization needs. Analysis of jobs will reveal the number and type of people needed to staff Timbacourt.
The results obtained are found to be contradicting with Herzberg’s Two-Factor Theory. The study revealed that the strongest motivation factor with the highest significance level on job satisfaction is the working conditions, which is a hygiene factor. The subsequent factors that motivate the sales personnel reported are recognition, company policies and money. Out of these four factors mentioned, recognition is the only motivator as explained in the Herzberg’s
1- Motivation according to Maslow theory Abraham Maslow had developed the hierarchy of needs model in 1940-50’s USA, and till then the hierarchy of needs theory remains valid today for understanding human motivation, management training, and personal development. Abraham Maslow 's theory of motivation asserts that humans are motivated by a hierarchy of needs. They act to fulfill basic survival needs before addressing more advanced needs or wants. This hierarchy is shaped like a pyramid, with the lower levels occupied by physical, physiological needs such as food, water and shelter. Self-actualization is at the peak of the pyramid of needs.
In chapter six of Human Relations the book talked about many theories of motivation but, the two that I chose to talk about are Maslow’s Hierarchy of Needs and McGregor’s theory. Maslow’s Hierarchy of Needs is known as the theory of human motivation developed by Abraham Maslow in 1943. According to Maslow there is a hierarchy of five needs such as self-actualization needs, esteem needs, social needs, safety needs, and physiological
Motivation is essential for a group as well as an organization. In the eyes of the leader of organization McDonald’s, authorizing and inspiring staff members to do the best in their job and they’re capable of helps create job satisfaction, lowering gross revenue in an industry that has a standing for stimulating its employees. In addition, a glad, stable workforce not just conveys better customer service; it is likewise more compelling at building deals and attracting repeat business. There are five concentrate benefits of employee motivation which Mc Donald’s approached at: 1. Improved Productivity 2.
The Harvard Model of HRM: Back in 1984, Beer et al developed the Harvard model of the HRM. Beer et al believe that the human resource is passes many of pressures nowadays, therefore, eliminating the pressures is required. These pressures could be eliminating by having a long-term perspective in terms of controlling people and potential assets rather than just variable costs. As a result, Beer et al approach the Harvard Model of the HRM. The purpose of this model is to solve the pressures that may occur in the HR of any organizations; these pressures include all management decisions that will affect the relationship between the organizations and their workers, in addition to a clear plan for the HRM policies and procedures by the manager of
Introduction In today’s business, maximization of profits represents the principal feature of business operations. In order to achieve the highest profits, companies have to manage their human resources effectively. Thus, employee’s motivation has emerged as a critical component, it holds the key to the success of a company. Therefore, human resource managers must motivate their employees to let them perform to their best and achieve the organizational goals.
The current times exude a fundamental shift from simplification and standardisation at work towards laying a deeper focus on specific job properties, suggesting a transformation within the realm of work. The inconsistencies in Motivation-Hygiene Theory and Job Characteristics Theory have unfolded interest in researching the link between people and the kind of work they do. This essay will first critically discuss the ideals of changing landscape of work whilst carefully measuring job characteristics. It will then extend and refine essential work characteristics, identify new moderating variables & mechanisms and outline outcomes & antecedents by looking at broader perspectives and ways of redesigning jobs; all radiating their profound impact
Motivation. Most of successful organization shares a common quality that employees play an important role in business performance. So, even every firm has their dissimilar strategy to motivate their employee, these strategies yet mainly concentrate on the Maslow’s hierarchy of needs. There are a lot of methods Apple employs to motivate its employees. According to Maslow’s theory, low-order need should be taken as vantage.
This is one of the best known theories of motivation, which was proposed by Abraham Maslow in 1943, which indicated that there is a hierarchy of five human needs: physiological, safety, social, esteem and self-actualisation (Decker, 2012). Once one of these needs satisfied, it ceases to be a motivator for the individual and the next will be the dominant. 1. Physiological needs. Among these are food, liquids, shelter, sexual satisfaction and other bodily requirements.
Most of successful organization shares a common quality that employees play an important role in business performance. So, even every firm has their dissimilar strategy to motivate their employee, these strategies yet mainly concentrate on the Maslow’s hierarchy of needs. There are a lot of methods Apple employs to motivate its employees. According to Maslow’s theory, low-order need should be taken as vantage. In Apple position, they have satisfied their employee needs of physiological by tuning an average salary of $ 108,483 which essentially can assure endurance.
As per Brickley, the reward system must encourage the employees to stick to the organisation for longer periods as well as increase the motivation and commitment to the company therefore lead to the increase in productivity and profit maximising. [ct. Brickley 2002, pp.172]. On the contrary, Holmes stated that, there are many negative significances lead by reward system if not used properly. Sometimes,
Next, there are four types of important theories of motivation which includes Maslow`s H Hierarchy of Needs Theory, McGregor’s Theory X and Theory Y, Herzberg’s Two- Factor Theory and McClelland’s Three-Needs Theory. These theories represent the foundation from which contemporary theories grew and still are used by practising managers to explain employee motivation. Motivation is an internal feeling which can be understood by manager because he is only one always close contact with the employees.” Motivation is